Eligibility for gratuity, calculation & tax impact.

What is gratuity payment? Gratuity can be said to be the financial way of saying...

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Step by Step Guide to register for GST and Login.

1)    How to register for GST? Visit the GST portal - https://www.gst.gov.inUnder the ‘Taxpayers’...

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Preparation of Reports and submission in Form 61A

Preparation of Reports and submission in Form 61A

Reporting Format: Statement of Financial Transactions (SFT) Relevant Format: Identification of Reportable Transactions Aggregation Rule ...

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Audit_Step by Step Procedure for GST registration

Audit Step by Step Procedure for GST registration

GST Registration Step I: Preparation of Documents Required for GST Registration The following is the...

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FAQs on TDS on purchase of immovable property

FAQs on TDS on purchase of immovable property

List of FAQs on TDS on purchase of immovable property Reason for Introduction of TDS...

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EPF, NPS & Superannuation

EPF, NPS & Superannuation

Tax implications on Various Provident Funds : Types of PF’s : Recognised PF (RPF) :...

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Rule 86B of CGST Act - Restriction on utilisation of Electronic Credit Ledger Balance

Rule 86B of CGST Act – Restriction on utilisation of Electronic Credit Ledger Balance

Rule 86B of CGST Rules (Restrictions on utilisation of Electronic Credit Ledger Balance) What is...

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Ineligible ITC under GST

Ineligible ITC under GST

Input Tax Credit is the tax paid by the buyer on purchase of goods and...

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GST Implication on Sale of Capital Asset

GST Implication on Sale of Capital Asset

What is a Capital Asset? All expenses can be classified into capital expenses or revenue...

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Explainer on Utilisation of ITC under GST

Explainer on Utilisation of ITC under GST

What are Set Off Rules? GST has 4 components – Integrated Tax, Central Tax, State/UT...

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Electronic Invoice

Electronic Invoice (E-Invoice)

Emerge of Electronic Invoice: Fake Invoice under GST If a business has not been registered...

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Composition Scheme under GST

Composition Scheme under GST

1. What is a Composition Scheme?          The Composition levy is an alternative method of levy...

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